Bob and Tim have had a big day at work — it’s 3:30 in the afternoon, and they are done for the day. They’re having coffee at a local restaurant, talking about their careers when Tim asked a question, “What is a ton of refrigeration, and why is it called a ton?”
Amazon is set to usher in the next generation of “smart” convenience stores with the launch of its Amazon Go concept, replacing traditional checkouts with smart technology. The store concept works by automatically logging purchases to the user’s Amazon account when a product is removed from the shelf.
North America is expected to dominate the market over the forecast period
December 14, 2016
The global commercial refrigeration equipment market is forecast to register a compound annual growth rate (CAGR) of 5 percent over the forecast period of 2016 to 2026, to be valued at $45.9 billion by 2026, according to a report by Persistence Market Research.
The Food Marketing Institute’s (FMI’s) 2016 Energy & Store Development Conference attracted more than 600 attendees and 105 suppliers and featured educational sessions on refrigeration, energy, and store development along with networking opportunities and a manufacturer/retailer exchange.
The Kigali amendment is subject to ratification in the U.S. and will formally take effect when 20 member parties to the Montreal Protocol ratify or accept the amendment, which could take up to two years.
Growing food safety concerns are expected to boost the demand
December 9, 2016
The global refrigerated display case market is expected to garner $20.8 billion by 2022, with a compound annual growth rate (CAGR) of 9.8 percent during 2016 to 2022, according to a new report published by Allied Market Research titled "Global Refrigerated display cases Market - Opportunities and Forecasts, 2015-2022."
The global commercial refrigeration market was valued at $34.43 billion in 2015 and is likely to reach $45.06 billion by 2020, reaching a compound annual growth rate (CAGR) of 5.53 percent during the forecast period, according to a report from Technavio.
However, amended preliminary determination may be amended again
December 5, 2016
The International Trade Administration of the U.S. Department of Commerce published an amended preliminary determination in the Federal Register on Dec. 1 that posts the duty deposit rate for entries of R-134a from China at 232.3 percent.